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Garlinghouse at the White House, CLARITY Odds & ETF Holdings | Aug 19
Audio is available on Spreaker — see link below.
Brad Garlinghouse meets SEC and CFTC chairs at the White House three weeks before the Senate's CLARITY Act cloture vote — with XRP ETF assets approaching $1 billion. Today's briefing breaks down what's at stake in each arena and what to watch before September 15.
Audio is available on Spreaker — see link below.
Brad Garlinghouse is walking into the White House on August nineteenth, and what comes out of that room will shape the regulatory trajectory of XRP for years. The meeting brings together six crypto firms, including Ripple and Coinbase, alongside SEC Chair Atkins and CFTC Chair Selig.
Here's the problem with the CLARITY Act: the math doesn't work yet. Sixty votes are required to clear cloture.
While the legislative calendar stalls, the institutional money keeps moving. Morgan Stanley disclosed holdings in the Franklin XRP ETF, the REX-Osprey fund, and the Bitwise fund.
On the technical side, wrapped Solana is now natively tradable on the XRP Ledger decentralized exchange, live through Axelar cross-chain infrastructure. That expands XRPL liquidity and opens interoperability with one of the most active ecosystems in crypto.
XRP is trading below one dollar against a backdrop of three-month peak negative sentiment. At the same time, network activity is at a two-month high with nearly fifty thousand active addresses.
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